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SKY440 (SKY440) Interest Expense : $ Mil (TTM As of . 20)


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What is SKY440 Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SKY440's interest expense for the three months ended in . 20 was $ 0.00 Mil. SKY440 does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. SKY440's Operating Income for the three months ended in . 20 was $ 0.00 Mil. SKY440's Interest Expense for the three months ended in . 20 was $ 0.00 Mil. SKY440 did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

SKY440 Interest Expense Historical Data

The historical data trend for SKY440's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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SKY440 Interest Expense Chart

SKY440 Annual Data
Trend
Interest Expense

SKY440 Quarterly Data
Interest Expense

SKY440 Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

SKY440  (OTCPK:SKYF) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

SKY440's Interest Expense for the three months ended in . 20 was $0.00 Mil. Its Operating Income for the three months ended in . 20 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in . 20 was $0.00 Mil.

SKY440's Interest Coverage for the quarter that ended in . 20 is calculated as

SKY440 had no long-term debt (1).

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.

SKY440 (SKY440) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » SKY440 Inc (OTCPK:SKYF) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
300 Spectrum Center Drive, Suite 400, Irvine, CA, USA, 92618
Website
http://www.sky440.com
SKY440 Inc is a development stage company. It operates in products development and Horticulture development divisions. The products development division is planning to acquire and develop consumer-ready products and services. The Horticulture development division focuses on the development, manufacturing, sale, and servicing of Grow Vessel product line as well as branded products and consulting services, crypto data development compliance, real property and international.